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Old 11-28-2006, 09:21 PM   #24
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Default Re: Are prize money subject to tax?

Quote:
Originally Posted by Saumon View Post
don't they pay taxes in the country where they play the tourney too?
I think it depends on legislation. In some countries they might but in some countries they don't if there are agreements regarding taxes between the country where they played and the country which is their official residence.
Usually there are such agreements I think.
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